Daimler Truck, Paccar and Accelera by Cummins have completed the transaction to form quite a significant joint venture, aimed at localizing battery cell production and the battery supply chain in the United States. Amplify Cell Technologies is the official name of the new company. The target is to begin construction of a 21-gigawatt hour (GWh) factory in Marshall County, Mississippi, with potential for further expansion as demand grows. The factory is expected to create more than 2,000 U.S. manufacturing jobs and is targeting the start of production in 2027.

Amplify Cell Technologies has its first CEO

Moreover, Amplify Cell Technologies has named Kel Kearns as the new Chief Executive Officer. Kearns will lead Amplify in producing differentiated lithium-iron-phosphate (LFP) battery cells that create value for commercial vehicle customers in North America. Kearns’ career spans several decades holding various roles in automotive and manufacturing industries, with his most recent responsibility focused on large-scale electric vehicle manufacturing.

Accelera, Daimler Truck and PACCAR each own 30 percent of the business. EVE Energy serves as the technology partner with 10 percent ownership and contributes its industry-leading battery cell design and manufacturing expertise to the venture. EVE Energy is a China-based global technology leader in the manufacture of LFP battery cells for the vehicle industry.

Highlights

Related articles

Deutz honors three winners with the Greenfield Award

Deutz announced the winners of the first “Deutz Greenfield Award” at the renowned congress #neuland in Aachen. The award, which is aimed at students and young researchers, honours outstanding academic work on sustainable powertrain solutions in the off-highway sector.